MTN Group and Airtel Africa were given the green light to resume the sale of new Sim cards in Nigeria following the implementation of a new policy linking them to national ID numbers.
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The prohibition on the private ownership and free trading of spectrum is an “artefact” that has “neither a technological basis nor is supported by economic theory”, says the Free Market Foundation.
The Financial Services Conduct Authority has begun an insider trading investigation that will “cover disclosures and transactions in Huge Group securities during January 2021”, it said on Thursday.
A 24Tbit/s submarine telecommunications system connecting South Africa to the islands of Madagascar, Reunion and Mauritius has gone live and is carrying Internet traffic between the countries.
Government’s plan to create a wholesale open-access network “will serve no useful purpose” and could, in fact, harm consumers – the exact opposite of what it’s meant to achieve, the Free Market Foundation said.
MTN Group is valuing its mobile money arm at R75-billion, joining African wireless carriers planning to list these businesses in a region that has more mobile money accounts than anywhere else in the world.
Vodacom Group said on Monday that it will work with the African Union to offer a mobile technology platform to manage vaccination appointments and vaccine stocks across the continent.
MTN Nigeria resumed airtime sales on banking channels Sunday after banks lifted a ban on the telecommunications operator following an intervention by the government.
Some Nigerian lenders have cut off MTN Nigeria from their banking platforms, making it impossible for millions of customers to buy credit for their phones.
Vodacom has reduced the price of a gigabyte of data, bought on an ad hoc basis, by 14%, from R99 to R85, and adjusted several other data tariffs.